Hellmuth wins record World Series of Poker bracelet
LAS VEGAS Phil Hellmuth Jr. became the winningest World Series of Poker player ever on last night, beating 2,627 other players to win his 11th series tournament and move past Doyle Brunson and Johnny Chan in the bracelet race.
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Useful poker terms:
- BLACK - When referring to chips, black usually stands for $100 casino chips. "This guy sits down with a stack of blacks and raises the first bet." Not ALL casinos use black for $100 but that is the common usage.
- BAD-BEAT JACKPOT - In some cardrooms, a prize that is shared by the players in a game, when a very good hand (usually Aces full, or better) is beaten by a higher hand. Jackpots are usually financed by taking a drop ($1 is a common amount) from every pot. A typical division of the jackpot will give the losing hand 50 %, the winning hand 25 %, and the other players at the table share the remaining 25 % of the Jackpot.
- SHORT-STACKED - Playing with a only a small amount of money, thus limiting one's risk and reward.
- FACE CARD - A jack, queen or king (a card with a face on it, not joker).
- TOP PAIR - In flop games, having a hole card that matches the highest card on the board.
- LAY ODDS - To give favorable odds to an opponent.
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